Medical Cannabis Company Sues New Mexico Over Cannabis Sales Tax

Ultra Health, New Mexico’s largest medical cannabis producer, is suing the state of New Mexico’s Taxation and Revenue Department in an attempt to recover $1.5 million in sales taxes, which the company claims were collected illegally, according to the Santa Fe New Mexican. New Mexico state law exempts prescription drugs from “gross receipts” or sales … Continue reading Medical Cannabis Company Sues New Mexico Over Cannabis Sales Tax